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Orascom Construction Reports Backlog of USD 5.7 Billion and Net Income of USD 57.8 Million in 9M 2022

24 November, 2022

  • Revenue increased 20.1% y-o-y to USD 3,052.7 million and consolidated EBITDA increased 2.7% y-o-y to USD 150.1 million in 9M 2022
  • Net income attributable to shareholders of USD 23.9 million in Q3 2022 and USD 57.8 million in 9M 2022
  • Net cash position of USD 113.1 million as of 30 September 2022 and positive operating cash flow of USD 61.1 million in Q3 2022
  • Consolidated backlog of USD 5.7 billion and pro forma backlog including 50% share in BESIX of USD 8.4 billion as of 30 September 2022
  • Consolidated new awards of USD 3.1 billion and pro forma new awards including 50% share in BESIX of USD 4.5 billion in 9M 2022
  • BESIX reports a standalone backlog of EUR 5.5 billion and new awards of EUR 2.9 billion in 9M 2022

Orascom Construction Reports Backlog of USD 5.7 Billion and Net Income of USD 57.8 Million in 9M 2022

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